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The Taxman, Technology Litigation and Cavalier Settlement Structures

JD Supra Law

Given that importance, IP owners must occasionally litigate against the unauthorized use of their technology. The costs of such litigation and appurtenant settlements implicate a host of federal income tax issues. Some IP litigants do not consider those tax issues at all, while others aggressively overplay their hand.

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Class Counsel Seeks $31M From $93M Lipitor Settlement

IP Law 360

Attorneys representing a class of buyers in antitrust litigation against Pfizer over the cholesterol medication Lipitor have asked a New Jersey federal judge to approve their request for $31 million in fees after the two sides agreed to a $93 million settlement in February.

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Longford Argues Patent Settlement Row Must Be Arbitrated

IP Law 360

Litigation funder Longford Capital has asked a Delaware federal court to send its dispute over a settlement with Arigna Technology Ltd. to arbitration, saying the arbitration agreement between the two parties is valid despite the Irish patent holding company's claims otherwise.

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Competition Bureau closes two investigations into pharmaceutical patent litigation settlements

JD Supra Law

On May 20, 2022, the Competition Bureau announced that it closed two investigations into pharmaceutical patent litigation settlement agreements as evidence gathered during the two investigations suggested the agreements did not contravene the Competition Act. The parties and drugs involved were not identified. By: Smart & Biggar

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ANDA Litigation Settlements - Summer 2021

JD Supra Law

This chart summarizes the case name, drug, patents-in-suit, and publicly available terms for reported settlements in federal district court cases that are filed pursuant to the Hatch-Waxman Act. By: Robins Kaplan LLP

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Clarity May Be Around the Corner for Antitrust Scrutiny of Reverse Payment Settlements

JD Supra Law

Actavis that reverse payment settlements—or settlements where a patent holder pays an accused patent infringer cash or other consideration to end the patent litigation—may be subject to antitrust scrutiny if they are "large and unjustified," lower courts have been in search of an administrable pleading standard for these claims.

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DataCamp’s IPTV “Scam Judgment” Claims Withdrawn Pending Settlement

TorrentFreak

What typically follows are months of litigation followed by an announcement that there will be no trial because, against all odds, the parties have agreed to settle their differences after confidential negotiations. Unlike similar lawsuits seen elsewhere, DataCamp didn’t immediately succumb to the pressure.